California’s Pension Crisis
San Diego Councilman Mark Kersey, the leading candidate for the 38th Senate district being vacated by Sen. Joel Anderson due to term limits, today released his pillars of sound infrastructure policy for California:
1. High-Speed Rail Revote. The legislature must immediately suspend all new funding of the bullet train and place an initiative on the November ballot seeking its repeal or reauthorization. Given the billions in cost overruns and vast fiscal mismanagement, voters must be given the opportunity to reevaluate this project.
2. Gas Tax Hike Replacement. With the likely repeal of SB1 – the gas tax and vehicle registration fee increase – the legislature should prepare a constitutional amendment that would dedicate a portion of the state’s share of sales tax revenue from new vehicle sales to road, highway and bridge projects throughout the state. This currently totals $7 billion annually, according to the New Car Dealers Association. If the legislature fails to act, Kersey will lead a coalition to place a citizens’ initiative on the ballot in 2020.
3. Insist Rather Than Resist. While much of Sacramento is focused on opposing everything coming out of the federal government, Congress will soon consider and likely pass a national infrastructure program. Irrespective of personal political beliefs, the next governor must insist that California receive our fair share of federal funding by actively pursuing any national grants or matching funds that could assist with our state’s massive multi-billion infrastructure backlog—particularly as such funding becomes available for long-overlooked assets like dams and levees.
“The time for political rhetoric has passed when it comes to an inherently non-partisan issue like infrastructure,” said Kersey. “Business and labor agree that infrastructure is long-neglected and requires immediate attention. Policymakers in Sacramento need to temporarily put partisanship on the back burner and work on common-sense infrastructure fixes for our state.”
San Diego Councilman Mark Kersey is the founder and owner of Kersey Strategies, a tech research firm based in San Diego that is focused on advanced video services. He has chaired the Council’s Infrastructure Committee since he advocated for its creation in 2012, and authored the successful Rebuild San Diego ballot measure in 2016. Kersey ran unopposed in 2012 — the first open seat Council candidate to clear the field in San Diego since World War II –and was reelected in 2016 with 71% of the vote.
To learn more about Kersey and his campaign please visit www.MarkKersey.com.